In the News

Voices How to Surf the $30 Trillion Inheritance Wave

Older generations may transfer as much as $30 trillion to heirs in the coming years, some of which is currently under the care of financial advisors. But, there’s a catch.

Only about one-third of advisors have any sort of asset-transfer plan in place allowing them to maintain the assets, according to a recent study jointly published by Corporate Insight and InvestingChannel.

“There’s a real gap in thinking here,” says Michael Ellison, president of Corporate Insight. “Advisors understand how important the relationship is, and yet the vast majority are ignoring the next generation of asset owners.”